Area Intelligence

BANDAR BARU AIR PUTIH

3 properties
2021
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Median Price
RM 580,000
PSF: RM 414

Residential Market

Median Price

RM 567,500

IQR: RM 119
MAD: RM 53
RM 323 PSF 3.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 750,000

RM 524 PSF

PSF Trends (2021-2025)

BANDAR BARU AIR PUTIH in Barat Daya, Penang recorded 3 subsale transactions in 2021, with a median price of RM 580K and a median price per square foot (PSF) of RM 414.

This area contains both residential and commercial properties. View 8 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 580K, with most transactions falling within a stable range of RM 555K to RM 667K, and a typical market range of RM 555K to RM 750K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 414, though individual units vary from RM 293 to RM 535 in the core range. The broader market spans RM 345.50 to RM 482.50, indicating diverse property characteristics. A wider spread (IQR: RM 137.00) and deviation (MAD: RM 121) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR BARU AIR PUTIH, Barat Daya, Penang

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Transactions

3 properties grouped by size

1,400 sqft
1 units Double Storey Terraced
RM 580,000
JALAN SUNGAI AIR PUTIH
1,399 sqft · RM 414.00 PSF
Dec 2021
1,450 sqft
1 units Double Storey Shop
RM 750,000
JALAN SUNGAI AIR PUTIH
1,432 sqft · RM 524.00 PSF
Nov 2021
2,400 sqft
1 units Double Storey Semi-D
RM 555,000
JLN SG AIR PUTIH 1/2
2,400 sqft · RM 231.00 PSF
Dec 2021